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20121210
20121210
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fannie and freddie or not? we can hardly tell china to go jump in the south china sea because they were our biggest creditors. so by 2008 the game was over. treasury had to come in and provide huge infusions of money. so far this has cost about $142 billion. fannie and freddie now were under the thumb of the regulator, edward demarco, a no-nonsense fellow, and he promised to shrink them gradually and to reduce the independence of the housing market on them gradually. but meanwhile, we are still relying on fannie and freddie to provide funding for most home mortgages. fannie and freddie and fha in recent years have accounted for around 90% of new u.s. homeland. eventually congress will have to make have to make fundamental decisions about what kind of mortgage market will we have. should we go back to trusting the free market, or shall we have some kind of government mechanism in place to ensure that to mortgages can always be a portable? i submit that the historical record of the past 70 years suggest that when it comes to housing, congress will have a hard time trusting the market. tha
, geographies. somalia, china, mexico. in calista's case, her parents came, her grandparents came from switzerland and poland and in my case from places like scotland and ireland. you can learn to be an american. to do that, you have to learn to be an american. do you have an academic elites and news media elite who were opposed to teaching how to be an american company literally cut off the lifeblood of this country. so that's the basis of what we've been doing and that's why we have an american legacy to her. .. and sense i've written three novels on george washington, what a better pattern than to weave these giants, ronald reagan, after whom the soviet empire disappeared, and george washington after whom he can a country. what are the lessons of history? it will study the history because it is an interesting have it. i studied history to better understand present and the future so that i can be engaged in making history by being an intelligent person. that is what citizenship ought to be. and so what are some of the lessons klaxon not me start with the fiscal cliff i want to say so
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